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Koldfoot wrote:

The Dow reached record highs in anticipation of a Trump presidency. (After purely partisan predictions of a huge drop.)

A few months from now there will be a minor correction.

The looney left will give all the credit for record DJ at the end of his term to Obama, and blame trump for the downturn.

Also note, the record number of people out of the workforce will re-enter the job market if the economy turns around, unemployment will edge up and Trump will get the blame.

And then Trump will run up a massive, massive deficit which will be completely ignored without comment by the extremely principled conservatives both in politics and outside politics, and when he's replaced by a democrat, the deficit will magically become his fault and congress will demand that the state be shut down completely and immediately to stop runaway spending.

The Dow reached record highs in anticipation of a Trump presidency. (After purely partisan predictions of a huge drop.)

A few months from now there will be a minor correction.

The looney left will give all the credit for record DJ at the end of his term to Obama, and blame trump for the downturn.

Also note, the record number of people out of the workforce will re-enter the job market if the economy turns around, unemployment will edge up and Trump will get the blame.

And then Trump will run up a massive, massive deficit which will be completely ignored without comment by the extremely principled conservatives both in politics and outside politics, and when he's replaced by a democrat, the deficit will magically become his fault and congress will demand that the state be shut down completely and immediately to stop runaway spending.

The Dow reached record highs in anticipation of a Trump presidency. (After purely partisan predictions of a huge drop.)

A few months from now there will be a minor correction.

The looney left will give all the credit for record DJ at the end of his term to Obama, and blame trump for the downturn.

Also note, the record number of people out of the workforce will re-enter the job market if the economy turns around, unemployment will edge up and Trump will get the blame.

So....now the DOW matters?

AS George W Bush ended his term, the DOW was dropping like a stone from heights of over 14,000 to lows below 7,000. People were losing huge amounts in invested capital, pensions and home values. The DOW hit over 18,000 for the first time in history in May of 2016 representing a GINORMOUS recovery under Obama.

So now you're going to crow about the DOW being slightly higher after the Trump election? If it really matters, you should be euphoric about the amazing recovery in both the DOW and real estate prices since Obama took office.

I expect Trump will face much bigger issues than people trying to reenter the workforce. If he triggers a trade war, prices will rise due to tariffs which will be further disincentive to hiring and could bring back stagflation. Some comments coming out of Europe suggest that America pulling out of prior climate agreements could result in carbon taxes on American goods which would also add to a possible malaise.

Course it's all speculation until Trump works out who will be in the cabinet. At this point we don't know if they'll be Trumps picks or his children's.

The Dow reached record highs in anticipation of a Trump presidency. (After purely partisan predictions of a huge drop.)

A few months from now there will be a minor correction.

The looney left will give all the credit for record DJ at the end of his term to Obama, and blame trump for the downturn.

Also note, the record number of people out of the workforce will re-enter the job market if the economy turns around, unemployment will edge up and Trump will get the blame.

And then Trump will run up a massive, massive deficit which will be completely ignored without comment by the extremely principled conservatives both in politics and outside politics, and when he's replaced by a democrat, the deficit will magically become his fault and congress will demand that the state be shut down completely and immediately to stop runaway spending.